506 Melody Way, Wimberley, TX 78676 – Commercial Improved Land

CommercialYear Built 2000Total Assessed Value $1,343,846County Hays

Property Details

The Commercial property 506 Melody Way, Wimberley, TX 78676 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $1,343,846.

The gross building area is 28,730 square feet and the land area is 82,500 square feet for this Commercial Improved Land built in 2000.

Legal description: Wimberley Heights, Lot 37, Acres 1.8939

$1,343,846

Market Value

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Cap Rate

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Occupancy

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area28,730

Land Size82,500

Land Value$488,810

Improved Value$855,036

Total Assessed Value$1,343,846

Year Built2000

County NameHays

Account NumberR48380

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Exterior WallsBrick

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$488,810	$855,036	$1,343,846	$1,343,846	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-Wim-Ss	S9660	82,500	28,730
2025	$391,050	$838,950	$1,230,000	$1,230,000	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-SS	S9660	82,500	28,730
2024	$130,350	$1,219,650	$1,350,000	$1,350,000	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-SS	S9660	82,500	28,730
2023	$130,350	$1,005,718	$1,136,068	$1,136,068	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-SS	S9660	82,500	28,730
2022	$110,550	$893,485	$1,004,035	$1,004,035	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-SS	S9660	82,503	28,730
2021	$110,550	$805,668	$916,218	$916,218	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-SS	S9660	82,503	28,730
2020	$122,710	$787,653	$910,363	$910,363	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-CBDW	S9660	82,503	28,730
2019	$86,450	$424,430	$510,880	$510,880	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-WEST	S9660	82,503	28,730
2018	$78,930	$387,520	$466,450	$466,450	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-WEST	S9660	82,500	28,730
2017	$75,170	$369,060	$444,230	$444,230	Cedar Stump Lp	P O Box 1435, Wimber...	Wimberley Heights, L...	C-WIM-WEST	WIMBERLEY HEIGHTS	82,500	28,730

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	506 Melody Way, Wimberley, TX 78676	—	-	82,500	2000	28,730	$ 1,343,846	$ 488,810	-
A Federal Credit Union	100 W Spoke Hill Dr, Wimberley, TX 78676	09/03/2025	$ 1,560,000	952,657	2010	8,997	$ 1,294,640	$ 1,999,690	Hill Country Medicos Llc
Cadence Bank Na	612 Melody Way, Wimberley, TX 78676	08/29/2025	$ 342,000	20,037	0	2,050	$ 142,188	$ 145,620	3c Drywall Llc
Firstlockhart National Bank	26450 S Ranch Rd 12, Dripping Springs, TX 78620	08/25/2025	$ 850,000	87,120	2001	2,836	$ 1,478,580	$ 814,570	Wysa Llc
Firstlockhart National Bank	120 W Hopkins St, San Marcos, TX 78666	07/22/2025	$ 257,200	7,351	2011	7,108	$ 705,270	$ 114,570
Cardinal Black Llc	455 Red Hawk Rd, Wimberley, TX 78676	06/30/2025	$ 435,000	332,145	1999	7,272	$ 925,450	$ 334,100	Unity Church Of Wimberley
Sage Capital Bank	3250 Wayside Dr, Wimberley, TX 78676	06/30/2025	$ 350,000	217,800	2007	1,960	$ 912,485	$ 696,940
Independent Bank	101 Wimberley Sq, Wimberley, TX 78676	05/14/2025	$ 1,250,000	9,148	0	3,900	$ 556,350	-	-
Usam Fund 3 Llc	5460 Fm 2325, Wimberley, TX 78676	05/05/2025	$ 425,000	435,644	2022	1,542	$ 892,650	$ 552,290	Notta Llc
First United Bank & Trust Co	3401 Creek Rd, Dripping Springs, TX 78620	04/28/2025	$ 1,000,000	4,109,015	2013	9,077	$ 2,304,180	$ 3,335,010	Whim Hospitality Llc
Ozona Bank	15711 Ranch Road 12, Wimberley, TX 78676	04/17/2025	$ 424,000	28,358	2024	2,400	$ 350,090	$ 218,500

Mean$ 1,743,503

Median$ 887,500.0

Loan Amount Range$ 100,000 - $ 8,580,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
506 MELODY WAY, WIMBERLEY, TX 78676	WIMBERLEY MINI STORAGE	5128476151	STORAGE

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License Details

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